Recent content by pipsurfer56

Making money on Pullbacks are tough because in my opinion. There is a lot of risk involved with not much to gain. Playing the trade after the pullback makes for bigger gains and less risk. It allows you to see what the market is doing.

The best way is to just keep moving your stop to the last swing. In the chart below I would move my stop to the top of each red bar each time a new one is formed.

I thought this would be a good place to post this. I am a beginning trader and find that watching short live trading videos is very helpful. I just watched this one and it has really helped my trendline trading. It is short and packed with information. Trading Video

I wait for the pull back. Sometimes it can appear to break the trend but only to your surprise go back the other way. Additionally by waiting for the pullback you are making your trade stronger. It is usually good to wait for a second pullback if you are patient enough. A picture perfect example...

I would say as well that it does not matter so much what pair. If you are looking for more volume the AUD and JPY will have the most volume.

One thing that I have done is start a demo account and through meeting criteria I was able to earn a sponsorship to a real money account. So I got the practice and when I finally got the sponsorship I was ready to trade with real money.

Markets are unreal. I am glad I am not involved in the emini yet. Can anyone refer me to a good broker that offers a low starting margin?

One of the great new tools out there which I think is better than any Robot is CopyTrader. I have a copied a few traders using this feature and have made some profits off of it. The key is to keep researching and find the hot traders. Have a look at the best traders in July and their stats...

Can you recommend a good emini futures broker that does not have a high starting deposit?

I am using a great system. It is for Binary Forex but has had great results since I started. All I have to do is follow the trade alerts. Additionally the person that started it pays back any losses. See the results for yourself below.

After a miserable week that unless you were short no one wants to talk about had some improvement today. Currently I am still short a few EUR pairs like the EURCAD expecting a bounce up off of the a bottom BB. Today was the first stride in the bounce. Also, over the weekend they came out with...

I post all my trading charts there because they have a great chart posting tool. I link it back so that you are able to see others but obviously that is not working. I will make sure that it goes to more charts.

A great Binary Trade out there is on the NZDUSD. It is over extended making for a nice trade.

I am not quite sure what you got going on with your charts there but if it was me it would take to long to read chart and miss all the trades. What I am seeing on the AUDUSD is a potential long term buy. I justify this with trendlines and a simply strategy. For the last month it has been in a...

WIth more news looming in the coming days the USDCHF has had a rotten day. However with every action there is an equal and opposite reaction, meaning it has created one of my favorite setups. Price is over extended down on the bottom bolinger band putting odds in our favor for a reversal. This...